Two-Unit
New
For Sale
$499,900
29 Steuben Street, Providence, RI 02909
Residential Income, Providence, RI
Property Size2,437 SF
Lot Size0.07 Acres
Price / SF$205.13
Days on Market3
Property Features for 29 Steuben Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1
Parking
4
Parking features
None
Basement
Full, Partially Finished
Appliances
Gas Water Heater
Standard status
Active
Size
2,437 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5743
Utilities
Heating system
Baseboard, Natural Gas
Building Details
Year built
1922
Number of units
2
Flooring type
Laminate
Building materials
Vinyl Siding
Listing Agency:
Century 21 Limitless · Century 21 Real Estate
(508) 567-3468
Listed By:
Kyle Seyboth · License #REB.0019335
(508) 726-3492
Added: Nov 4
Last Checked: Nov 6 at 11:06AM
MLS# 1427742
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,437-square-foot duplex contains two residential units. Built in 1922, the building has vinyl siding and laminate flooring, with baseboard heating fueled by natural gas. A gas water heater serves the property. The recorded room details include six bedrooms, two bathrooms, and a basement.
The parcel measures 0.07 acres and is located at 29 Steuben Street in Providence, Rhode Island.
The parcel measures 0.07 acres and is located at 29 Steuben Street in Providence, Rhode Island.
Key Highlights
- Two residential units in a 2,437‑square‑foot building
- Six bedrooms, two bathrooms, and a basement
- Built in 1922
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,151
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,020
$823.0K
Cap Rate 7%
$587,871
$587.9K
Cap Rate 9%
$457,233
$457.2K
Market Conditions
NOI Build-Up for 2,437 SF
Gross rent
$62.9K $25.80/SF
− Vacancy
−$4.1K −$1.68/SF
EGI
$58.8K $24.12/SF
− OpEx
−$17.6K −$7.24/SF
NOI
$41.2K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,020
Cap Rate 7%
$587,871
Cap Rate 9%
$457,233
Alternative Uses
Best Use
Multifamily LT 5
$587.9K
$514.4K – $685.9K
NOI $41,151 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$528.0K
$462.0K – $616.1K
NOI $36,963 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$815.3K
$713.4K – $951.2K
NOI $57,072 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 02909, RI
46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Providence, RI
Properties on Market for Duplexes in Providence
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The building includes laminate flooring, vinyl siding, and natural-gas baseboard heat.
Where is this duplex located?
The property is located at 29 Steuben Street Providence, RI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two residential units in a 2,437‑square‑foot building; Six bedrooms, two bathrooms, and a basement; Built in 1922
